A recent article in MSN Money listed AVT (AVTC) as one of the hottest stocks to watch in 2014. In a report titled, “14 Cannabis Stocks to Watch in 2014,” it stated that the move toward legalization of marijuana for both medical and recreational use has boosted cannabis-related companies.
“Marijuana investors took interest in the (AVTC) stock when Medbox (MDBX) announced a purchasing agreement,” the article stated.
AVT is one of the few companies in the list of Stocks to Watch that is not involved in the production or cultivation of marijuana.
AVT manufactures biometric secure storage, dispensing and inventory control systems for their partner, Medbox. These systems also provide an unalterable record for accurate taxation purposes and regulatory compliance.